While Maruti continues to slash production (9th month in a row now), Eicher’s 650cc twins have racked up a 3 month waiting period onshore and in the UK has become the second best-selling product in the segment.
Inventory (plant + channel) is at 3 weeks, pure dealer inventory is close to about one week, and the company continues to roll out its “studio store” concept.
Company has rapidly scaled upto 500 such stores already, with plans to open another 200-300 by year end. Expect volume growth to start looking better for Eicher first.
Disclaimer: The above report is compiled from information available on public platforms. inChat team advises users to check with certified experts before taking any investment decisions.
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